News Release: Tokyo Individualized Educational Institute, Inc. (4745 TSE 1)
April 20, 2020

Notice of Changes in Directors
Tokyo Individualized Educational Institute, Inc. announces its Board of Directors passed a vote at a meeting convened
on April 20, 2020 concerning the following changes in directors.
Description

１． Concerning the nomination of new director candidates (scheduled for May 27, 2020)
1) Objective
The objective of these changes is to ensure the Board of Directors can engage in appropriate and dynamic decisionmaking and operational supervision, and to strengthen the Company’s business management structure. These changesare in line with the Company’s basic policy of appointing directors with internal experience and knowledge of business
management and operations as well as multiple outside directors with a diverse range of expertise and backgrounds.
2) New director candidates
Name

New title

Current position

Takeharu
Tsutsumi

Director

Executive Officer and General Manager of the Business
Strategy OfficeDirector, HRBC Co., Ltd.

KoetsuSanga

Director

Layers Consulting Co., Ltd.
Management Director, DX Business Division* Takeharu Tsutsumi and Koetsu Sanga will be appointed as directors officially upon approval at the 37thGeneral Meeting of Shareholders scheduled for May 27, 2020.
* Koetsu Sanga is a candidate for outside director. Furthermore, if Mr. Sanga is appointed as outlined in theoriginal motion, he will become an independent director as defined in provisions outlined by the Tokyo
Stock Exchange.

3) Reasons for nomination
Takeharu Tsutsumi has mainly worked in the School Business Division and the Marketing Division, having served
as General Manager of the Business Division, General Manager of the Marketing Division, General Manager of theBusiness Strategy Office, and Executive Officer. He has vast experience and knowledge of various departmentswithin the Company. Since May 2017, as Executive Officer, Mr. Tsutsumi has led important decision-making,including drafting new medium-term management strategy and directing the Management Council. In FY2019, Mr.
Tsutsumi successfully oversaw the Company’s first M&A. The Company nominates Mr. Tsutsumi as a director
candidate with the expectation that he will continue to contribute to the Company in FY2020 and beyond.
Koetsu Sanga has vast years of experience and knowledge in the IT industry, particularly in the areas of business
management and IT strategy. The Company nominates Mr. Sanga as an outside director candidate with theexpectation that he will contribute to Company operations by providing advice from an independent, objective, andbroad perspective regarding Company operations. In particular, we believe his experience and knowledge in the IT
field will contribute to the Company’s efforts to develop an IT platform that promotes overall workflow optimizationand supports future business development.

[Reference] Career summaries of new director candidates◆Tsutsumi Takeharu
Born 1974
Feb. 1997
Jan. 2002
June. 2010
Nov. 2011
Nov. 2012
Dec. 2014
June 2015
Nov. 2016
May 2017
Jan. 2020◆Koetsu SangaBorn 1955
April 1978
Nov. 1978
Mar. 1981
Sept. 1990
Aug. 2000
Feb. 2003
June 2018
July 2018

Joined Tokyo Individualized Educational Institute
General Manager of the Metropolitan Area Business Division's No. 5 Regional
Supervisory Department
General Manager of the Kanagawa Business Division
General Manager of the No. 2 Business Divisions
General Manager of the Marketing Division
General Manager of the School Business Division and General Manager of theMarketing Division
General Manager of the Education Business Division
General Manager of the Business Strategy Office (current)
Executive Officer (current)
Director, HRBC Co., Ltd. (current)

Joined Arthur Andersen LLP
Analyst, Andersen Consulting (currently Accenture Japan Ltd.)
Registered as Certified Public Accountant
Partner, Andersen Consulting (currently Accenture Japan Ltd.)
Representative Director and President, Satiscom Co., Ltd.
Principal, ABeam Consulting Co., Ltd.
Advisor, ABeam Consulting Co., Ltd.
Management Director, DX Business Division (current)
Layers Consulting Co., Ltd.